Construction Planning and Management
At a work site, statistical quality control of concrete means

Applying the theory' of probability to sample testing or inspection
Reduction in wastage of inspection costs
Measurement of risks to eliminate failures
Reduction in costs for the removal of defects

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Construction Planning and Management
Sinking fund is

The total sum to be paid to the municipal authorities by the tenants
The fund for rebuilding a structure when its economic life is over
Raised to meet maintenance costs
A part of the money kept in reserve for providing additional structures and structural modifications

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Construction Planning and Management
If the optimistic time, most likely time and pessimistic time for activity A are 4, 6 and 8 respectively and for activity B are 5, 5.5 and 9 respectively, then

expected time of activity A is greater than the expected time of activity B
expected time of activity B is greater than the expected time of activity A
expected time of both activities A and B are same
None of these

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